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Briefing
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SoftBank’s Vision Fund Posts Loss for Fourth Straight Qurter

By
Wayne Ma
· · Source: The Information

SoftBank Group reported a net loss of nearly $6 billion for the three months through December, largely because of the Japanese company’s Vision Fund investments, which tumbled for a fourth straight quarter. Vision Fund, whose vast portfolio includes many publicly listed tech companies as well as unlisted startups, continued to suffer from a global weakness in tech stocks. The fund is the...

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